Proplastics Limited | Q1 Special Trading Update and lockdown perfomance

May 19th, 2020|

The demand for the Group's products remained subdued in the first quarter of the year, as was the case for the greater part of last year. Sales tonnage for the quarter was 14% below the same period last year. The quarter was also affected by the business's migration to the new factory, a process that [...]

Proplastics Limited | Volumes for the year declined 26% compared to the previous year.

May 19th, 2020|

Proplastics Limited (PROL.zw) 2019 Abridged Report We have extracted the Chairman's Statement from the 2019 Abridged report of Proplastics Limited (PROL.zw),listed on the Zimbabwe Stock Exchange: INTRODUCTION It is my pleasure to present to you the operational and financial results for the year ended 31 December 2019. These results are presented in the [...]

Proplastics Limited | Delay in results publication

May 14th, 2020|

Notice is hereby given that the publication of the financial results for the year ended 31 December 2019 has been delayed. This is due to amount of work required to comply with the requirements of IAS 29: Financial Reporting in Hyperinflationary Economies as well as the effects of COVID-19. The business shutdown a week earlier [...]